RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) introduced the HS&E Appreciation Awards to recognise companies’ dedication to Health, Safety, and Environmental practices. The initiative aims to promote compliance with regulations, enhance standards, and foster a culture of safety and sustainability within the economic zone. The awards encourage businesses to improve their HS&E practices and support Rakez’s …

ABU DHABI / WAM Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, has entered into a definitive agreement to acquire Kelix bio, a specialty pharmaceutical business focused on delivering complex generics across emerging markets, to further strengthen the development of the UAE’s life sciences ecosystem, position the UAE as a global leader in the life sciences sector and …

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah (AUS), joined university student athletes from the UAE in celebrating their victories at the Intercollegiate Ramadan Sports Tournament 2024 awards ceremony, reaffirming AUS’ dedication to supporting athletic endeavours and promoting a sense of unity and camaraderie within the student community. Featuring competitions in basketball, volleyball …

WORLD CAPITALS / WAM Gold prices rose on Monday as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion’s appeal, Reuters said. Spot gold was up 0.4% at $2,172.09 per ounce, as of 0350 GMT. Also, US gold futures climbed 0.6% to $2,173.40 per ounce. Spot silver gained 0.2% …

TOKYO / WAM/ AP Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. Japan’s Nikkei 225 shed 0.7 percent to 40,619.40, as investors sold shares to lock in profits after the benchmark recently hit record highs. Hong Kong’s Hang Seng climbed 0.5 percent to 16,584.22, while the Shanghai Composite …

DUBAI / WAM Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre today, which will serve as a hub for customers and partners to elevate their digital competence. Located in Dubai Internet City, a global tech ecosystem part of TECOM Group PJSC, the training centre is designed to empower …

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, in partnership with Astral Aviation, a leading cargo airline with extensive African network coverage, completed the inaugural flight from Nairobi, Kenya, to Abu Dhabi, UAE, on March 21. This flight marked the commencement of a promising collaboration following the memorandum of understanding (MoU) signed between the …

MRAJEEB AL FHOOD / WAM The Emirates Red Crescent (ERC) continues its Ramadan project in Jordan with the Emirati Relief Team sharing Iftar with Syrian refugees in Mrajeeb Al Fhood camp. Hassan Salem Al-Qaidi, Head of the Emirati Relief Team, and Yousef Abdullah Al Harmoudi, Deputy Commander of the Emirati Relief Team, alongside dedicated volunteers, came together to have Iftar …

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, inaugurated conference titled “The Holy Quran, Cosmological Horizons, and the UAE’s Efforts in Serving It”, organised by the General Authority of Islamic …

BEIJING / WAM China has introduced its first national-level regulations on water conservation, which experts say will provide legal guarantees for water security and ecological protection. The regulations, issued by the State Council, will come into effect on May 1. According to China Daily, the comprehensive provisions address key issues in water conservation, such as water usage, conservation, and management. …